Can I make passive daily income with trading? - page 8.

Fredomago

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Leading Crypto Sports Betting & Casino Platform

Quote from: emberbekas on August 11, 2018, 07:10:38 AM

Quote from: ?? on ??

It sounds like a joke. Do you really think that having only $ 100 Shocked

you can JUMP!!! to some kind of exchange and have a passive daily income? Huh

As a trader you can trade daily and with successful transactions have an income, but this is not a passive way of earning money.
You can buy good coins for a long term trade, but for this you need to buy coins for a much larger amount and yes it doesn't bring daily income.
Spend a little time and read about the crypto market, maybe you will have at least a little idea of what we are doing here.

To get a profit regularly, every day, in my opinion is impossible. There are times when a coin will experience a decline in price and it lasts for several days (more than one day). At times like that, we certainly will not get profit. Thus, daily profit will not be found.

Not unless there's an insider or a big whales that will guide you and inform you each time that they will play with the market, daily earnings out from trading is really a hard job though still some possibilities and there's people who can manage to master the market and keep gaining even in the bloody market, they are good with buying low and selling when they already gained.

ghost14k

jr. member

Activity: 126

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Trading is a good source of making money, so far you know what you are doing. Making daily income in day trading is possible and i have seen those who are doing it and succeeding. To be a day trader is not easy and it requires constant monitoring of the crypto market. Understanding technical analysis is important. This enables you to know when there will be a dip or a bounce But one thing that is sure is that day traders can't win everyday but it is possible to always be in profit if you have your rules and stick to it. Most importantly don't get greedy and over trade.

emberbekas

legendary

Activity: 1904

Merit: 1000

Quote from: ?? on ??

It sounds like a joke. Do you really think that having only $ 100 Shocked

you can JUMP!!! to some kind of exchange and have a passive daily income? Huh

As a trader you can trade daily and with successful transactions have an income, but this is not a passive way of earning money.
You can buy good coins for a long term trade, but for this you need to buy coins for a much larger amount and yes it doesn't bring daily income.
Spend a little time and read about the crypto market, maybe you will have at least a little idea of what we are doing here.

To get a profit regularly, every day, in my opinion is impossible. There are times when a coin will experience a decline in price and it lasts for several days (more than one day). At times like that, we certainly will not get profit. Thus, daily profit will not be found.

Ganbound

jr. member

Activity: 76

Merit: 1

Quote from: nororiek on August 07, 2018, 10:57:28 AM

Passive income is when you do not do anything,but trading is not a passive income. I would advise you to first learn all to understand this and then draw a conclusion and start!

I personally do not think that it is possible from trading to get a passive income, In fact we do not know about trading and cannot predict about it that either it will give us profit or lost. I think that it can only be possible from investment where you invest your money in a particular profit and can get a fixed profit from there.

nororiek

newbie

Activity: 56

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Passive income is when you do not do anything,but trading is not a passive income. I would advise you to first learn all to understand this and then draw a conclusion and start!

cryptogideon19

member

Activity: 316

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you canno't make a passive income with trading. Because Passive Daily income is not about trading is about Lending or Invest on Lending project or Buy a Hashpower. But daily income you can make it in Daily Income.

hector3115

sr. member

Activity: 481

Merit: 251

It sounds weird for me because trading is an active and intense process of mentally concentrating, so why it is possible to have a passive income while you're day trading I don't know, so the only way is to hold, which is called long trading process.

Gibsonlda

newbie

Activity: 182

Merit: 0

Determining 2-3% of daily profits is the solution for novice traders like me, this works effectively according to what my friend told me last year.

all is also determined by the initial capital so you can see what percentage of the investment coins I set, I break the concentration of orders into 10 parts on different coins and that rarely makes me lose, the application of reliable daily profits is based on good personal analysis.

Guideare

newbie

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Quote from: AnnaJames12 on August 04, 2018, 03:45:32 AM

Actually, it is possible to have a passive income stream based on crypto. Maybe by using some idle money, investing in mining, I think that is one way.

We cannot consider mining as trading, but mining is just an investment, where you put your money for buying the devices for mining. It is not trading, in trading we always do buying in low and then try to sell it in high price, but investment is something different where we invest our money for getting a regular profit from some source.

best ever

member

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Merit: 10

Quote from: hasemase on August 03, 2018, 05:40:57 AM

You have to be active and actually understand what you are doing. If you just randomly buy a coin or trade btc you might aswell get 50 lottery tickets and have the same luck.

I also cannot understand how a trader can even think about being passive. Yes, you can have some passive income (from ICO, for instance). Meanwhile, it does not have any connection with a trading business.

icecube45

legendary

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Yes you can get passive daily income by trading, this is very suitable but with a higher risk so you have to do it carefully. Crypto prices, especially altcoins, are very volatile and unpredictable, so they must be more observant and cautious in trading, but if successful they will definitely get a lot of profits. This will not be easy so you have to try more.

BoisclaiR

newbie

Activity: 13

Merit: 0

Quote from: Fredomago on August 01, 2018, 10:13:08 AM

Quote from: Kunlejoe0 on August 01, 2018, 05:09:23 AM

You can make money in cryptocurrency based on your experience and your skill. The capital is very essential in making a sizeable income, notwithstanding, your skill play a vital role in the level of income you earn!

Skills can be develop with your experiences, you can earn passive profits even in a daily basis only if you fully understand the things that you needed to have while working with trading activity, there's some people who mastered the flow of trading so even in the down moments they can manage to earned
decent profits, if you really wanted to have this better to work out with gaining more knowledge and adopt changes that happen inside the market, you need to work it out from time to time.

Even If you have a good experience and skill in trading still I do not think that it is possible to get a fixed passive income from trading. Trading is unpredictable job and no one know in advance that what is going to happen in future. Therefore I do not think that it is possible to get a fixed income from trading on daily bases.

AnnaJames12

newbie

Activity: 33

Merit: 0

Actually, it is possible to have a passive income stream based on crypto. Maybe by using some idle money, investing in mining, I think that is one way.

Arthurian60

newbie

Activity: 234

Merit: 0

While its possible to make some income while trading, we don't want to relied in it as our fail work because anything van happen and by then you should have something to falls back to. Trading shouldn't be your main source of income. Diversify your money and see it grow from somewhere else

icol333

full member

Activity: 504

Merit: 107

It is possible as long as you can maintain your income and outcome right, but it will be really hard too because the price volatility is high. I'm not saying that it will be impossible, but to reach your target (or minimum ROI) on these days are quite hard and takes a longer time to do because of the market condition. But in another hand, you can try to invest in some potential coins rather than do the daily trading if you're not sure about what you do.

Zemomtum

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CitizenFinance.io

Well, you can't make a passive income with trading, because Bitcoin is volatile, especially this 2018. It's really hard to predict the market, so you can't make a passive income. If you initiate into trading, you should expect some loss, because everyday, the fluctuation of price occurs, so it's really expected to have some loss.

maninas

jr. member

Activity: 126

Merit: 2

to make passive daily income from trade is very difficult bro
TA knowledge needs a great analysis and also it takes time
assuming a day you want to get profit and if the coin that you buy experiences minus what you do?
would you sell it?
according to your analysis the coin should go up
So what do you do?
if you sell it happens tomorrow it could be coin up as you analyze and prediction
the way I use for daily trades is to break up the capital by buying 5 to 10 coins which are all harvested in a time that is not simultaneous and there could be a loss and profit so the result martingale to cover the losses with the benefits gained

gaurav82

newbie

Activity: 238

Merit: 0

Trading is good but it is not surety of definite income. Trading needs lots of experience and knowledge. After it there is no guarantee of definite income. Sometime may have to suffer with loss.
For definite income you can try another way in crypto instead of trading.

hasemase

newbie

Activity: 33

Merit: 0

You have to be active and actually understand what you are doing. If you just randomly buy a coin or trade btc you might aswell get 50 lottery tickets and have the same luck.

CryptoTech_

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Official Street Team member

you cannot get passive income every day from trading, because in trading you have to do an activity just like work, and you also cannot get profit every day because the market is unpredictable, if you want passive income every day you can do mining Wink

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